Corporate moves

Corporate moves

Heliconia buys Serba Dinamik's stake in CSE Global

SINGAPORE (July 7): Serba Dinamik International, just over two years after taking a stake of around 25% in engineering firm CSE Global, has exited from the investment by selling the whole chunk to

Corporate moves

MMP Resources in $118 million RTO deal

SINGAPORE (Apr 28): MMP Resources has announced a $118 million reverse takeover deal of a Tokyo-based company called GCM.

Corporate moves

Food Empire records robust growth; declares higher dividend on better outlook

SINGAPORE (Mar 20): Tan Wang Cheow, founder and executive chairman of Food Empire Holdings, was originally an exporter of electronics such as computers and fax machines to Russia and some parts of

Corporate moves

Zhongmin Baihui sees growth in outlet malls; coronavirus outbreak impact yet to be felt

SINGAPORE (Feb 14): Online shopping is booming in Asia, but brick and mortar retail isn’t going away anytime soon.

Corporate moves

Capital World to restructure, suspends shares trading

SINGAPORE (Feb 13): Capital World, which is trying to develop a mixed development in Johor Bahru, has suspended the trading of its shares, as it attempts to restructure its debt load via a scheme o

Corporate moves

Vividthree aims to raise $2 million from placement

SINGAPORE (Feb 12): Vividthree Holdings, plans to raise at least $2 million in gross proceeds by issuing 15.88 million new shares priced at a minimum 12.6 cents each.

Corporate moves

GSS Energy intends to acquire new business if deal with CEO goes through

SINGAPORE (Feb 11): GSS Energy intends to acquire other new businesses if the deal to sell its precision engineering unit to its group CEO Sydney Yeung goes through, so as to avoid being deemed a “

Corporate moves

Vividthree to buy “Silent Horror” comic for $1.5 million

SINGAPORE (Feb 11): Vividthree Holdings, plans to pay $1.5 million for the intellectual property rights of a comic title, Silent Horror.

Corporate moves

Genting Singapore will not tap shareholders for Japan IR bid

SINGAPORE (Feb 4): Genting Singapore has won overwhelming approval from shareholders to spend up to US$10 billion to invest in a possible new project in Japan. 

Corporate moves

Amcorp assumes control over TEE Land

SINGAPORE (Feb 3): Malaysia’s Amcorp Group has assumed control over TEE Land and is making an offer of 17.9 cents per share to buy over the remaining 31.22% of TEE Land in which it hasn’t already o

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